Tag Archives: NATGAS
Midday Missive
EURO….a close below 136.15 puts in an ORL day tgting the 135.50 level. The daily time frame is oversold, meaning selling in the hole has to be done with a very tight leash! Natgas…June Natty expires tomorrow. July is front … Continue reading
A.M. Look 5/5/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. DAX…put in a ORL day Friday and is following through to the downside. 9426 is mvg avg support. This is just one more tired Index that keeps failing at … Continue reading
A.M. Look 4/29/14
Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading
A.M. Look 4/1/14
Stocks… Nasd 100…3593 is unchanged on the year. GOOG…1120.70 is the 2013 close. Matched up with yesterday’s close 1114.50,will become the macro pivot. DVN…has had an inside qtr (not going anywhere). Sustained price action above 66.92 could change that. GS…needs … Continue reading
A.M. Look 3/3/14
Stocks… Nasd 100…look for a test of 3635. Spu’s… staying under 1844-45 is price negative. 1815-18 is the first good buy zone. NFLX…put in an ORL day. 440, 432 are possible bounce levels. PCLN…put in an ORL day. This has … Continue reading
A.M. Look 2/27/14 W/Oil Trade Alert!
Stocks… DECK…put in an ORL day. 81.85 looks to be the go or no go level. Good above/negative below. TSLA…shows weekly wave counts around 275. AMZN… near support is 355. Resistance starts around 372. 375.50-387 is no mans land for … Continue reading
A.M. Look 2/26/14
Stocks… VIX…sell stops are below 13.44. Bonds.. 30 yr. Bonds…need another close above 133.20 ( today’s 200 day mvg avg) to get people buying treasuries. New Home sales @ 9:00 A.M. CDT should be watched for direction. FX… Commodities… … Continue reading
A.M. Look 2/25/14
Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
Natgas
Sell stops are @ 5.88 with 5.72 first support
A.M. Look 2/24/14
Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. VIX…is holding support @ 14.25. Sustained price action above 16.80 is needed for a rally. XLI…needs to hold 51.30 for … Continue reading